Digital Digital Payments News Trading

BitMart Announces New Integration with the Polygon Ecosystem

BitMart Announces New Integration with the Polygon Ecosystem

BitMart, a premier global digital asset trading platform, is one of the pioneering exchanges to integrate with the Polygon network and support the Polygon ecosystem. BitMart only supported MATIC ERC-20 token payments in the past, however, with this new integration, all BitMart users can transfer funds directly to the Polygon PoS network more efficiently.

Polygon is the full stack solution for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting secured chains and stand-alone chains.

Read More: EMPEQ Unveils New FastSiteSurvey™ Data Capture & Reporting App to Transform Commercial Building Equipment Audits

Additionally, Polygon SDK will support and offer a number of auxiliary solutions and products which will extend Polygon functionalities, improve the developer experience and introduce support for specific use cases.

“We believe our integration with Polygon will help provide users with a more seamless and cost-efficient experience when moving funds between our exchange and the Polygon network,” Sheldon Xia, Founder and CEO at BitMart, commented, “More importantly, we are confident that this integration will create mutual benefits for both companies.”

Read More: Lili, the Banking App for Freelancers, Launches Lili Pro: The Financial Backbone For The $1.2 Trillion Freelance Economy

The new integration is poised to fully support the development of the Polygon ecosystem. BitMart will prioritize the listing of premium projects that are developed on the Polygon network and provide them with extra privileges based on in-depth assessments of the project quality.

Sandeep Nailwal, Co-founder of Polygon, commented: “We are excited to welcome Bitmart into the Polygon ecosystem to help support our ecosystem and usher in mainstream adoption for end users.”

Read More: MAXEX Adds Brennan Walters as Chief Revenue Officer

Related posts

Houdini Swap Crosses $10 Million in Total Volume for Its Anonymous Cross-Chain Swap Platform, Launches Loyalty Program $POOF

Fintech News Desk

American Express With Microsoft Drives Innovation In Business Travel Domain

Fintech Staff Writer

equipifi Announces Integration with Q2’s Digital Banking Platform to Offer BNPL Services

Fintech News Desk